
Bill Ackman: The ultimate regulator is Visa 8/2/22
Squawk Pod
00:00
The Wage Inflation Spirale Is Underway
I think we're headed toward a period of persistently higher a rates. The impact that inflation is having on them, the stick or shock when gointo the supermarket and want to buy in avicato,. And yes, the organic ones are now some crazy price, and soy. But it is, it is the greatest threat to the commune. So i orvou as if the fet is aggressive on short term rates. A certain number people talk about g d p on a real basis. When the deflater, that is the inflation factor, is something approaching nine%. In order to have positive g d p growth, you could have nominal spending, nominal growth in excess of 9
Play episode from 39:53
Transcript


